Date of signing on balance sheet

The auditor issue Tax Audit Report..... signing on the financial statements is different from issuing of Tax Audit Report..

suppose if the audit issue a tax audit report on 25/09/2012.... the date of signing of financial statements along with audit report under Companies Act should be before 02/09/2012 in order to comply with the provision of issuing the notice of AGM before 21 days....

so even if the auditor have signed the financial statements and audit report under companies act 1956 on 01/09/2012 he can issue the tax audit report on 30/09/2012 or may be even before that....

Dear All,

Could you Please clarify the doubt for following case:

1. Balance sheet signed by auditor on 21/08/2015.

2. Notice for AGM date on 31/08/2015.

3. AGM on 30/09/2015.

Is it Valid?

Regards

Karthik

Originally posted by : Karthik 17
	Dear All, Could you Please clarify the doubt for following case: 1. Balance sheet signed by auditor on 21/08/2015. 2. Notice for AGM date on 31/08/2015. 3. AGM on 30/09/2015. Is it Valid? Regards Karthik

Hi Karthik,

the abovementioned dates are valid.

Thank You sir.

Dear All,

Could you please clarify, is this Possible directly appoint a director except additional director are appointed in EGM?

Hi Karthik,

The power to appoint directors is vested with shareholders. However the board of directors can appoint directors subject to the ratification of shareholders:-

1.new director who is also called additional director,

2.alternate director ie director appointed in place of another director to hold the office of such director

3. and director appointed in casual vacancy.

Therefore there is no problem in appointing a director in EGM.

Regards,

Arjun Rajagopal

Yes. it is possible to appoint Director in General Meeting.

1. Hold a Board meeting to pass following resolutions

- Appointment of Director (subject to approval of Shareholders)

- Convening General Meeting

2. Hold EGM to take approval of Shareholders for appointment of Director.

3. File Form DIR-12 within 30 days from the date of appointment.

Thank You Sir

Thank You Sir

Thank You Sir

Thank You Sir

If a director is appointed in EGM, should he be regularized  in AGM?

Dear Sir,

Can you please confirm, Whether TDS is applicable for Closure of Liason Office?

If a Director is appointed in AGM, he is not required to be regularised in AGM. Only Additional Directors are required to be regularised.